Micrex Development Corp.: Update on Projects, New Director

Micrex Development Corp. (TSX VENTURE:MIX) announces an update on the St.
Charles Quebec Magnetite / Titanium / Apatite / Rare Earth / Vanadium deposit.


Micrex is pleased to announce the completion of the NI 43-101 report on its St.
Charles, Quebec deposit which is now available on Sedar. The report states that
even though 72 holes were drilled, and all showed uninterrupted magnetite
throughout their length, that their spacing does not meet current requirements
for calculating reserves. However, reserves should be readily proven up with an
additional small drilling program. A high definition magnetometer survey is
currently being conducted, with a report expected in the next two weeks.


Micrex's geologist, Rejean Girard, and Roch Cormier, vice-president of Micrex,
met with Corem (Consortium de recherche appliquee en traitement et
transformation des substances minerales) in Quebec City last week to establish
guidelines for laboratory testing of material from St. Charles. A small 500 kg
sample will be initially tested, which will be followed with a full 100 ton test
run, in order to determine the grinding characteristics and power requirements
to process the magnetite. Also, a large sample is being shipped to Newcastle,
England to aid in the final design of the grinding equipment for the plant.


Update on Deadwood Mine in New Mexico

This is a former gold and silver mine consisting of two patented claims, each
1,500 feet long. An updated technical report is expected in the next week and
will be reported on at that time.


New Director

At the Company's recent annual general meeting, Greg Doll, of Edmonton, Alberta
was elected as a director. Greg has been in the marketing business in Edmonton
for the past 30 years and is a long time shareholder of Micrex.


Micrex Development Corp. (TSX VENTURE:MIX) is a mineral exploration company
based in Alberta, Canada with mining properties in North America. Current focus
is on the St. Charles de Bourget magnetite / titanium / apatite / rare earth /
vanadium property in Quebec.


Visit www.mixcorp.com for further details. 

MICREX DEVELOPMENT CORP. 

Burmis Magnetite/Titanium Property - St. Charles de Bourget
Magnetite/Titanium/Rare Earth Property - Fort Steele Placer Property - Bighorn
Gold Mine - Banks Gold Mine - Mount Royal Gold Mine - Deadwood Gold Mine -
Sunburst Gold Property


FORWARD LOOKING STATEMENTS

Certain statements in this news release are "forward-looking statements", which
reflect management's expectations regarding its property and business
operations. All statements other than statements of historical fact contained in
this news release are forward-looking statements. Such forward-looking
statements involve risks and uncertainties, as they reflect management's current
beliefs and are based on information currently available to management. Actual
results may differ materially from those anticipated in the statements made. The
forward-looking statements are expressly qualified in their entirety by this
cautionary statement. The forward-looking statements are made as of the date of
this news release and Micrex assumes no obligation to update or revise them to
reflect new events or circumstances except as expressly required by applicable
securities law. Further information regarding the uncertainties and risks can be
found in the disclosure documents filed by Micrex with the securities regulatory
authorities, available at www.sedar.com.


SEC 12 g (3) Exemption 82-4281 

Micrex Development Corp.: A Mineral Exploration and Development Company
Operating in Canada and the United States

Micrex Development (TSXV:MIX)
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